China Home Prices Fall for Fourth Straight Month

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Esther Fung SHANGHAI--China's average home prices fell in August for the fourth straight month, though at a slower pace, as property developers continue to struggle with excess supply. Average new home prices fell 0.6% in August from July, moderating ...

China Manufacturing PMI Falls to 51.1 in August

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

BEIJING--An official gauge of China's manufacturing activity fell in August from a 27-month high in July, data showed Monday. The official manufacturing Purchasing Managers Index fell to 51.1 in August from 51.7 in July, the China Federation of Logistics and ...

Indian Manufacturing Continues to Expand in August -PMI Survey

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Anant Vijay Kala NEW DELHI--Manufacturing activity in India in August continued to expand albeit off a 17-month high in July, the seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index prepared by Markit showed. The index was 52.4, according to ...

Indonesia HSBC Manufacturing PMI 49.5 in August Vs. 52.7 in July

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Andreas Ismar JAKARTA, Indonesia--HSBC's Indonesia manufacturing Purchasing Managers Index for August fell 49.5 compared with highs of 52.7 recorded in June and July, HSBC said Monday. "The deterioration in manufacturing-sector conditions in August is surprising particularly in light of ...

Swedish PMI Falls in August, Weighs on Currency

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Charles Duxbury STOCKHOLM--Sweden's purchasing managers' index for manufacturers fell in August, causing investors to back away from the country's currency as further easing from the central bank began to look more likely. The Swedish PMI fell to 51.0 in ...

Spanish Manufacturing Slows for Second Straight Month

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Paul Hannon Activity in Spain's manufacturing sector slowed for the second straight month in August, a sign that the economic recovery may be losing some momentum. The headline measure from data firm Markit's monthly survey of purchasing managers at ...

MARKET SNAPSHOT: Why September May Slow Further S&P Records

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Wallace Witkowski, MarketWatch SAN FRANCISCO (MarketWatch) -- September has recently started shedding its reputation as one of the worst stock market months of the year, but strategists note the psychological pressure of big round numbers in the S&P; 500 ...

Fortum Buys Stake in Wave Energy Developer

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Dominic Chopping Finnish utility Fortum Oyj (FUM1V.HE) said Monday it has bought a 13.6% stake in Finnish wave energy developer Wello Oy. The company said the Penguin wave energy converter, developed by Wello, is based on a floating vessel ...

Euro-zone Manufacturing Slows

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

Activity in the euro zone's manufacturing sector slowed more sharply than first estimated in August, with Italy joining France in contraction, while German factories had their most sluggish month since September of last year. By contrast, economies that have been ...

Ruble Hits New Record Low Against Dollar

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Josie Cox The Russian ruble hit a fresh record low against the U.S. dollar Monday, burned by continuing fighting in Ukraine over the weekend and European Commission President José Manuel Barroso warning that the situation was approaching "a point ...

China Manufacturing Output Slows in August -- Update

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

BEIJING--China's economy sputtered on in August with factory output slowing, according to two measures, as the effect of stimulus measures earlier this year fades. The official Purchasing Managers Index fell to 51.1 in August from 51.7 in July, which was ...

German GDP Contraction Confirmed for Second Quarter

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Emese Bartha Germany's economy contracted in the second quarter after a robust start to the year, the Federal Statistics Office, or Destatis, confirmed Monday, putting pressure on policy makers to move ahead with measures to boost the economy. In ...

S. Korea Exports Drop 0.1% in August

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Kwanwoo Jun SEOUL--South Korea's exports in August dropped following a solid increase in July, government data showed Monday, meeting market expectations for fewer working days and less output due to the summer vacation to have slowed the country's shipments ...

China Manufacturing PMI Falls to 51.1 in August From 51.7 in July

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

BEIJING--An official gauge of China's manufacturing activity fell in August from a 27-month high in July, data showed Monday. The official manufacturing Purchasing Managers Index fell to 51.1 in August from 51.7 in July, the China Federation of Logistics and ...

Swiss Factory Output Index Declines in August

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Neil MacLucas ZURICH--Switzerland's manufacturing output index fell for the first time in three months in August, data showed Monday, indicating demand for the country's industrial goods is weakening as growth slows in the euro area: the key market for ...

Ruble Hits Record Low Against Dollar

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

The Russian ruble hit a fresh record low against the U.S. dollar on Monday, burned by continuing fighting in Ukraine over the weekend and European Commission President José Manuel Barroso warning that the situation was approaching "a point of no ...

Euro-zone Manufacturing Slows -- Update

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Paul Hannon Activity in the euro zone's manufacturing sector slowed more sharply than first estimated in August, with Italy joining France in contraction, while German factories had their most sluggish month since September of last year. By contrast, economies ...

Indian Shares Reach New Record After Strong GDP Data

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Kenan Machado MUMBAI--Indian shares rose to a new record Monday after the government reported strong gross-domestic-product data, signaling improving prospects for the south Asian economy. The S&P; BSE Sensex closed at 26,867.55, up 0.9% from Thursday. Indian markets were ...

China Manufacturing Output Slows in August -- 2nd Update

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Mark Magnier BEIJING--China's economy faces further headwinds after two measures of factory output decelerated in August, adding pressure on Beijing to stimulate growth to meet the nation's annual target. The results disclosed Monday follow weaker investment, real estate and ...

Merkel Stresses Need to Prepare More Sanctions Against Russia

TODAY: Sept. 1, 2014 PUB DATE: Sept. 1, 2014

By Andrea Thomas BERLIN--Germany's Chancellor Angela Merkel Monday stressed the need to prepare more sanctions against Russia because the risk stemming from the country's "unacceptable" behavior in Ukraine outweighs economic risks for German companies. Her comments come after European Union ...